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Financial Assistance

Realize your Potential

Title IV Federal School Code: 002064

Contact Us

College of Southern Maryland
Financial Assistance (FAD)
fadasst@csmd.edu
8730 Mitchell Rd
PO Box 910
La Plata, MD 20646-0910
301-934-7531

Announcements

CSM to Participate in the Direct Loan Program Starting in Fall 2010

New Loan Process for Fall 2010

CSM has a new process for applying for student loans. Click here to learn more about this new process.

**Special Announcements for Students**

Notice:  FAD has been notified that students are using CSM FAFSA codes other than 002064.  Please be aware that by doing so, CSM will not receive your FAFSA for 2013-14.   For CSM to receive a copy of the FAFSA for next year, you need to use 002064 as the federal code.

Students, do you know about the Hope Credit or the Lifetime Learning Credit that may be a tax benefit for you.  For details, go to the following site:

http://www.irs.gov/publications/p970/ch02.html

You should know...

 You must complete the admission process.  Students should submit the FAFSA between January 1 and March 1 to meet our priority deadline of March 1.  This allows time for FAD to process the FAFSA and determine your eligibility for financial assistance.   

 Students submitting the FAFSA after March 1 are processed on a "first come, first serve" basis.  "Estimated" processing time of the FAFSA varies depending on the form status:

Status Estimated Processing Time
FAFSA is complete 2 weeks processing time
FAFSA rejected when processed 2-3 weeks processing time
FAFSA data must being verified 4-6 weeks processing time
Family not responding to FAD request 6 or more weeks

 Please Note:  Applying for a federal educational loan requires additional forms and will add 2-4 weeks to the processing time; your personal demographic data must be up to date at CSM (phone number, email address, mailing address).

 

Financial assistance, bookstore voucher and changes in your credit hours

Students receiving financial assistance for any semester and having credit on their student account, may use these funds to purchase books.

Changes in your credit hours after you receive a bookstore voucher could affect the amount of financial assistance you receive.  For more information contact:  FAD at the numbers below:  La Plata   301-934-7531, Leonardtown 240-725-5300, Prince Frederick   443-550-6000 

Dropped classes

Your financial assistance awards are posted on myCSMD. If you do not have financial assistance by the date you must pay your "bill in-full", you may join the CSM Tuition payment plan, pay cash or your classes will be dropped.

Maryland State Scholarship Program

Workforce Shortage Student Assistance Grant Program is available for students registering for 6 credits or more per semester.  You must be in a degree program in a critical shortage area, such as nursing, physical therapy.  For details on this program please go to:  www.mhec.state.md.us 

Veterans Benefits

Students attending CSM and having questions concerning Veterans Administration Benefit information should contact the Registrar's Office at 301-934-7588 or 301-934-7656.  Their fax number is:  301-934-7698.

Scholarships

FAD encourages students to seek out many avenues of financial assistance. View Additional Sources of Financial Assistance.
EXAMPLE:  Datatel scholarship.  Applications are available online, awards are $1,000-$2,500.

Down Payment

Answers to your questions about the 20% down payment to CSM and applying for Financial Assistance.   

If CSM has received your FAFSA information for the current year you will be protected from making a 20% down payment when you register.  To determine if the FAFSA information is on file:visit myCSMD and view your Financial Assistance Documents via Online Services.  Then look in "financial assistance folder" under "my documents".  Example:  If you see '09-10 FAFSA Import to Coll' then you don't need to worry about the down payment for 2009-10.  As always, should you have questions, please contact FAD at 301-934-7531. 

HOWEVER, once bill payment date arrives, you are responsible for paying your account balance in full.  Any charges not covered by financial assistance must be paid.  To avoid confusion check your account often for the charges, what is paid by financial assistance and what is owed. 

Demographic Information

Please remember to update your demographic information (name, phone number, address) so important FAD information may be sent to you when necessary.  To update your information in our system complete an Update Contact Information Form

Types of Financial Assistance

Applying for financial assistance for the academic year can be accomplished by filing the Free Application for Federal Student Aid (FAFSA).  You may complete this on line at: www.fafsa.ed.gov Or by submitting a hard copy which is available at the FAD office on any campus. Details on all programs offered by CSM may be reviewed by viewing the Types of Financial Assistance. Priority is given to those who apply by March 1st. Students filing after that date are awarded based on the availability of funds.

State Programs

Maryland residents should also be aware that they may apply for state programs by using the FAFSA form. For details on those programs go to: www.mhec.state.md.us/financialAid/index.asp

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